columbus Multifamily Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from Matthews
Quarterly multifamily market indicators for columbus, aggregated by CREhunt from Matthews. As of Q1 2026, average asking rent was $1,400.00/unit/mo and vacancy was 10.2%, per Matthews.
Projected current multifamily pricing — columbus
Projected asking rent
$1,400–$1,407/unit/mo
Estimated sale value
$117,088–$147,128/unit
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Matthews data (cap rate 6.7%, asking rent trend-adjusted to today). Assumes ~90% occupancy and a 52–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 Matthews | $1,400.00/unit/mo | 10.2% | — | — | Matthews |
| Q4 2025 Matthews | $1,400.00/unit/mo | 9.9% | — | — | Matthews |
| Q2 2025 Matthews | $1,379.00/unit/mo | 8.9% | — | — | Matthews |
Frequently asked questions
- What is the average asking rent for multifamily space in columbus?
- As of Q1 2026, the average asking rent for multifamily space in columbus was $1,400.00/unit/mo, per Matthews.
- What is the multifamily vacancy rate in columbus?
- The multifamily vacancy rate in columbus was 10.2% as of Q1 2026 (Matthews).
- Where does CREhunt's columbus market data come from?
- This report aggregates quarterly multifamily market data for columbus from Matthews.
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